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S&P Global Platts explains Asia LNG Market On Close (MOC) process

Agriculture | Biofuels | Grains | Electricity | Energy | Coal | Coking Coal | Emissions | Thermal Coal | Electric Power | Energy Transition | Emissions | Renewables | LNG | Natural Gas | Oil | Crude Oil | Refined Products | Fuel Oil | Metals | Petrochemicals

China power crisis

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Platts LNG Alert

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16th Steel Markets Asia Conference

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Energy | Energy Transition | Energy Oil | Refined Products | Bunker Fuel | Petrochemicals | Shipping | Marine Fuels

Methanol’s growing traction as alternative shipping fuel

Watch: S&P Global Platts explains Asia LNG Market On Close (MOC) process

S&P Global Platts published for the very first time a firm and transparent bid in its Asia LNG assessment process on June 13, 2018. Since then, Platts has been publishing transparent bids, offers and trades in the LNG Market on Close process from several market participants on an almost daily basis.

This level of transparency is rare in LNG trading. Kenneth Foo, LNG price assessment team leader, and Gurdeep Singh, senior specialist for methodology development, explain the Asia LNG MOC process, what it means for the broader market as well as for the Platts assessment of the JKM benchmark.